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This Article is From Aug 11, 2014

Bosch Q2 Net Up 22% at Rs 307 Crore

Auto component maker Bosch today posted a 21.85 per cent in its net profit at Rs 306.68 crore for the quarter ended June 30, 2014.

The company had posted a net profit of Rs 251.68 crore in the same period of the previous fiscal.

Net sales of the company rose 3.61 per cent to Rs 2,354.61 crore during the second quarter, as compared to Rs 2,272.49 crore in the same period a year ago, Bosch Ltd said in a BSE filing.

The company follows the January-December financial year.

Overall expenses during the quarter increased 1.15 per cent to Rs 2,052.24 crore, as against Rs 2,028.74 crore in the same period a year ago.

Bosch shares were trading at Rs 13,772 apiece on the BSE, up 1.63 per cent from its previous close.

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